Calavo reports strong Q2 earnings despite Mexican tax expense
[wikichart align=”right” ticker=”NASDAQ:CVGW” showannotations=”true” livequote=”true” startdate=”04-12-2011″ enddate=”04-06-2012″ width=”300″ height=”245″] Avocado marketer Calavo Growers reported that second-quarter earnings nearly doubled since the same period last year, before taking into account an unanticipated multimillion-dollar tax expense. For the three months ended April 30, net income before the tax item rose 84 percent to $4.4 million, equal to Read More →
Read More →Feinstein: Federal and state gov’t needs to focus on tax policies
For the United States to truly recover from the Great Recession, the federal government and its state counterparts need to be creative with tax reform and budget proposals to jumpstart the economy. That was the view of U.S. Senator Dianne Feinstein, D-Calif., who spoke at a luncheon hosted by the Santa Barbara Region Chamber of Read More →
Read More →First California faces more shareholder dissent
Investors who own 5.4 percent of First California Financial Group’s shares have joined the ranks of disgruntled stockholders after the bank snubbed a buyout offer from Los Angeles-based PacWest Bancorp. A letter dated May 23 from Loeb Offshore Management out of New York came through in the bank’s regulatory filings on May 29. Addressing Westlake Read More →
Read More →Teledyne to buy N.Y. firm for $291M
Thousand Oaks-based Teledyne Technologies has agreed to purchase a New York-based electronics testing instruments maker in a deal valued at $291 million. Teledyne, an industrial-defense conglomerate, is set to purchase Chestnut Ridge-based LeCroy Corp. for $14.30 a share, for a total of about $240 million. Stock options, appreciation rights and net debt push the deal Read More →
Read More →Minority group opposes PCBC-Union deal
The San Francisco African American Chamber of Commerce has told banking regulators that it opposes Union Bank’s $1.5 billion acquisition of Santa Barbara-based Pacific Capital Bancorp, according to the business newspaper for that region. The San Francisco Business Times reports that the chamber has told regulators it opposed the deal because it feels San Francisco-based Read More →
Read More →Capps calls for wind energy support
The Central Coast’s fledgling wind energy business could be in big trouble if production tax incentives are allowed to expire at the end of the year. United Technologies is trying to sell or shut Clipper Windpower, once a shining star of the wind turbine business and the region’s fastest growing company. On May 15, wind Read More →
Read More →
Sponsored content:
2015-2016 Giving Guide
